Green Mountain's (GMCR) FQ1 earnings are due out after the bell, with analysts forecasting that...

Green Mountain's (GMCR) FQ1 earnings are due out after the bell, with analysts forecasting that EPS rose to $0.65 from $0.60 last year and that revenue climbed 15% to $1.3B, although Zacks reckons the company will beat these forecasts. Green Mountain has had a tough time over the past year, although it turned things around in FQ4 and investors will look for indications that the company has kept this momentum going.

We broke out the champagne and had a great time yesterday, despite the price going up beyond $50 (within seconds of results) and then going up and down to below $43 within minutes, before setlling at around $45, because, as expected, there were no bad news and every aspect of the results had shown improvement. One rule of thumb is that, if there's really a run on the stock, it wouldn't just lose a few dollars (less than 1% of its closing price). Just look at AAPL in recent days. In fact, it presents an opportunity for us to pick up some bargains, which I did.

Now, we sit and wait, regardless of which way the market will go in the coming days, because good results cannot give rise to price drop, even though some were hoping for more and took the easy way out to go the other way when it didn't. In fact, I had previously thought of taking my profits when it touched $60 but now, given the good results, I will hang on to my shares a little longer and see what's the potential for further growth in the coming days.